This is my theory (logical guess) based on the folowing assumptions:
- Agora blog holders before new stock held over 35% of the stock and were vocal and usually well informed, well intended, watchful and knowledgeable and engaged.
- After the new stock blog holders now probably are around 40-45% of the stock (guess that many have purchased at the low prices based on blog comments)
- A number on this blog know/knew much more about the company than the new exec
- Exec have been embarrassed a number of times due to corrections and points made on this blog
- Good guessing on this blog revealled too much to the likeing of the new exec
- The new exec did not get lift off from the THM
- The new exec did not get lift off from their numerous international promotional meetings
- The new share offering was intended to diversify and reduce influence of retail (not sure but I think some folks have implied something like this)
We are now being shut out from other than normal news. I don't know what it takes to get a board seat on POET but sometimes activists on public companies with as little as 3-5% get on. There is one person we know and trust who holds (based on my calculations) 3.6% of the cuurrent shares. Perhaps he could be nominated to represent retail? Would he be interested? If so could we nominate for the upcming 2017 AGM? As a board membere he would be restricted to what he could say publicly but at least we would take comfort in knowing a retail person was present and able to express our views.
